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Cambridge Real Estates Services
Misty Ridge delivers strong overall value with an 8.4/10 expert rating, highlighted by exceptional pricing, top-tier amenities, and a highly convenient location. Residents benefit from modern features like an attached parking garage, secured parcel lockers, a private community dog park, and responsive on-site management, plus a wide range of one-, two-, and three-bedroom layouts. With outstanding value per square foot, ample photos to preview the property, and excellent pet-friendliness supported by nearby pet services, it offers a well-rounded living experience.
Things you’ll love
More spaceElevatorImages AvailableGreat for
Pet owners| 1 Bed 1 Bath | 1 bed | 1 bath | 623+ sqft | $1,599–$1,750 /mo | 5 units available | ||
| 2 Bed 1 Bath | 2 bed | 1 bath | 879 sqft | $1,925 /mo | 1 unit available | ||
| 2 Bed 2 Bath | 2 bed | 2 bath | 1,154+ sqft | $2,175–$2,340 /mo | 4 units available | ||
| 3 Bed 3 Bath | 3 bed | 3 bath | 1,635 sqft | $3,249 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Full Size Washer/Dryer in Unit |
| Quartz Countertops |
Appliances
| Dishwasher | In-Unit Laundry |
| Stainless Steel Appliances |
Building
| Cats OK | Clubhouse |
| Dogs OK | Elevator |
| Residents Lounge |
Grounds
| Fire Pit | Garage Parking |
| Outdoor Kitchen & Dining Lounge | Private Fenced Dog Park |
Per-applicant. Agent application fee.
One-time. Refundable.
Garage Parking
One-time. 2 cats max. Refund Policy: $300.00.
Monthly. Refund Policy: Non-refundable.
One-time. 2 dogs max. Refund Policy: $300.00.
Monthly. Refund Policy: Non-refundable.
Questions about this property’s policies and fees?
| Units | 103 |
|---|
The Misty Ridge Apartments are a brand-new luxury apartment community in Happy Valley, Oregon. Featuring one, two and three-bedroom apartments with unprecedented valley views and modern amenities. Live comfortably in one of Happy Valleys few elevator-served buildings with an attached parking garage. Our amenities include a private community dog park, outdoor gathering spaces, secured parcel lockers and a responsive on-site management team. Stop by today to tour your brand-new home! We are located in the heart of the valley within walking distance to New Seasons, Peets Coffee and more!
Showing 8 highest rated
It has been a long time since I have lived in an apartment. I looked at numerous places before settling on Misty Ridge. We have been here a month and love it. The management is super responsive, as we witnessed during the recent fires. We love the secure access, dog park, reasonable cost for storage, and valet garbage. The apartment is very comfortable and we have been surprised at how quiet it is. Misty Ridge feels way more like a condo than an apartment building. If you are looking for a well maintained property that feels like home than Misty Ridge is for you.
T H
Sep 17, 2020
I’ve lived here over two years through both management companies and these are still the best apartments in Happy Valley because they have AC (which many others don’t) and a secured entrance… many others have immediate outside access from your front door meaning missing packages and less security. We have a package concierge and fob-accessible lobbies for each building, including fob-only access to the elevators and stairwells plus cameras in the lobbies. Plus we are connected to all the trails and you can walk to grab your groceries, go to the library (20 min walk) or take the bus to the mall. I don’t drive but they have carport parking that will save your car from freezing during the snow season, which I highly recommend. Your experience is highly dependent upon the floor and building you choose. The buildings are oldest closest to the leasing and the newest one is the furthest because the building was done in stages. When I moved in 2020 the last building was just a lot. The top floors have the best views while the 2nd floor in the 2nd building gives you direct access to the dog park or storage area. Management handles maintenance request quickly and responds to most comments, questions and concerns. Shady works in the leasing office and can be reached quickly either in-office, over email or phone. I plan on staying for a few more years. I’d be delighted if they sold them individually, the houses out here are overkill for a single person. Hidden gem, for sure.
Jazzmin Deras
Jul 24, 2022
We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
How Misty Ridge compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 1% lower than 1-bedrooms in Rock Creek.
If you decide to upgrade your space, you can expect 2-bedrooms at Misty Ridge to be 9% more than the average for similarly sized apartments in Rock Creek.
3-bedroom apartments at Misty Ridge cost about 23% more than the average rent price for 3-bedroom apartments in Rock Creek.
| Month | Median Rent |
|---|---|
| June 2024 | $1,605 |
| July 2024 | $1,686 |
| August 2024 | $1,675 |
| September 2024 | $1,675 |
| October 2024 | $1,690 |
| November 2024 | $1,638 |
| December 2024 | $1,668 |
| January 2025 | $1,664 |
| February 2025 | $1,781 |
| March 2025 | $1,700 |
| April 2025 | $1,683 |
| May 2025 | $1,688 |
| June 2025 | $1,666 |
| July 2025 | $1,685 |
| August 2025 | $1,594 |
| September 2025 | $1,457 |
| October 2025 | $1,486 |
| November 2025 | $1,471 |
| December 2025 | $1,611 |
| January 2026 | $1,574 |
| February 2026 | $1,572 |
| March 2026 | $1,549 |
| April 2026 | $1,503 |
| May 2026 | $1,506 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,761 |
| July 2024 | $1,795 |
| September 2024 | $1,747 |
| October 2024 | $1,708 |
| November 2024 | $1,666 |
| December 2024 | $1,693 |
| January 2025 | $1,685 |
| February 2025 | $1,732 |
| March 2025 | $1,730 |
| August 2025 | $1,603 |
| September 2025 | $1,576 |
| October 2025 | $1,604 |
| November 2025 | $1,556 |
| December 2025 | $1,657 |
| January 2026 | $1,675 |
| February 2026 | $1,599 |
| April 2026 | $1,631 |
Can I afford to live at 12846 Se 157th Ave?
Bedrooms
Rent-to-income ratio
30%
$63,960/yr
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Rock Creek | Happy Valley, OR
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$1,300–$1,995
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1–3 Beds
$1,385–$2,195
Sellwood - Moreland • 1721 Se Tacoma St
Studio–2 Beds
$1,075–$1,525
Northwest District • 10 Nw 20th Ave
Studio–1 Bed
$1,000–$1,200
Rockwood • 10 Ne 162nd Ave
1–2 Beds
$1,175–$1,350
Downtown Portland • 1415 Sw Park Ave
Studio–1 Bed
$1,075–$1,375
Homestead • 1311 Sw Gibbs St
Studio–2 Beds
$1,300–$1,995
Gresham-North Central • 20711 Se Stark St
1–3 Beds
$1,385–$2,195
Sellwood - Moreland • 1721 Se Tacoma St
Studio–2 Beds
$1,075–$1,525
Northwest District • 10 Nw 20th Ave
Studio–1 Bed
$1,000–$1,200
Rockwood • 10 Ne 162nd Ave
1–2 Beds
$1,175–$1,350
Downtown Portland • 1415 Sw Park Ave
Studio–1 Bed
$1,075–$1,375
